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/biz/ - Business & Finance

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File: 70 KB, 1258x571, Falling-Wedge-Pattern-Example2.jpg [View same] [iqdb] [saucenao] [google]
27974252 No.27974252 [Reply] [Original]

I see a pretty obvious falling wedge pattern on bitcoin, do normal trading rules apply to crypto?

>> No.27974332

>>27974252
Bitcoin's large enough for normal market rules to apply.

>> No.27974357

None of these things even mean anything for actual normie stocks

Humans are predictably unpredictable

>> No.27974494

>>27974357
That's why I started trading forex, easier knowing you're mainly against automated traders.

Got in on bitcoin with a big short position though and hoping I don't get ruined

>> No.27974508

>>27974357
stocks are semi random but you can definitely get a decent amount of alpha on crypto daytrading pretty simple strategies

>> No.27975344
File: 146 KB, 458x477, 370-3709898_170-kb-png-angry-pink-wojak.png [View same] [iqdb] [saucenao] [google]
27975344

Don't you hate it when you're right

>> No.27976129

>>27974494
>>27975344
What do you mean? BTC is falling to 20 week MA. you did good

>> No.27977128

>>27974494
It's like any other market, except the stop hunts here are a bit more vicious than forex. Study the chart, you'll know what i mean.